Putin Calls EU Sanctions on Russian Oil ‘Economic Suicide’

Russian President Vladimir Putin has spoken out against the European Union’s proposed sanctions on the purchase of Russian oil exports, claiming that adopting such a policy would amount to “economic suicide” for the countries of Western Europe.
In a televised address on Tuesday, Putin responded to the EU’s proposed oil embargo on Russia, which has stalled in the past week as a small group of EU members have refused to support such a measure.
“Obviously, some EU states, in whose energy balance the share of Russian hydrocarbons is especially high, will not be able to do this for a long time, to ditch our oil,” said Putin….

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